Landmark Group make Jacob John Lifestyle's new Deputy CEO

He will replace current Lifestyle chief executive officer Kabir Lumba, who is being promoted as the head of the Landmark Group’s overall business in India.Rasul Bailay | ET Bureau | August 12, 2015, 07:50 IST

NEW DELHI: Dubai-based Landmark Group has hired Jacob John, chief operating officer of Aditya Birla-owned Louis Philippe, as deputy chief executive of its Lifestyle department store chain. He will replace current Lifestyle chief executive officer Kabir Lumba, who is being promoted as the head of the Landmark Group’s overall business in India, two people with direct knowledge of the matter said.

John is expected to join Lifestyle in September, the people said. One of them said he would take over Lifestyle from Lumba in the coming months. John, a 20-year veteran at Aditya Birla, declined to comment. Lifestyle didn’t respond to phone calls.

In India, Landmark runs a host of retail brands including the Max department store chain, Home Centre furnishing and home improvement stores and franchise stores of Dutch supermarket Spar. Under Lumba, a veteran at Ladmark, Lifestyle has grown to a Rs 5,000 crore business and the company is targeting 20-25% year-on-year growth over the next three years. Kalyan Kumar, COO of Landmark’s Splash Fashion unit, had quit the company last month. Splash sells a host of global brands, including Lee Cooper, Bossini, ELLE and Being Human as well as Landmark’s own labels.

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